Just google Ibanez and foreclosure in order to get a sense of the scope and magnitude of this ruling. This decision is a massive game changer…the world changes dramatically after this opinion….THINK BIG. Think VERY BIG.
The Fallout From Ibanez….
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There will be little change in Florida, no? Ibanez is all about assignments of mortgage and in Florida the lien follows the debt. There are no ‘assignment of mortgage issues’ in our state. As long as the note has some type of blank indorsement on it our Courts will find the Foreclosure valid.